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What Are Some of the Variables That Make a Plant

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What are some of the variables that make a plant asset's useful life difficult to predict?


Definitions:

System-1 Thinking

A fast, automatic, and often emotional way of thinking, as described by psychologist Daniel Kahneman.

System-2

Refers to a mode of thinking in Daniel Kahneman's dual-process theory, characterized by more deliberate, effortful, and analytical reasoning.

Liberal Arts

A range of subjects including literature, philosophy, mathematics, and social and physical sciences, aimed at imparting general knowledge and critical thinking skills.

Thoughtful Problem Solving

An approach to solving problems that involves careful consideration, planning, and decision making.

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